Focused almost exclusively on Christmas holiday designs, products, and installations, this business has been decorating Denver area homes and businesses for family gatherings and Christmas parties for twenty years. As a seasonal business, this exciting opportunity will allow the right buyer to enjoy a lighter workload for about half of the year.
Standard services include the design, custom building and installation of custom-made Christmas decorations in homes and businesses. Clients book over a year in advance!
The business also has two retail outlets. There is a showroom, design studio and physical store consisting of 2,600 square feet and there is also a comprehensive on-line ordering capability.
From 2019 to 2022, sales averaged $187,000 per year but if the Covid-impacted 2020 results are excluded, annual revenue was $30,000 higher at $217,000. Similarly, Sellers Discretionary Earnings (SDE) averaged $31,000 per year (excluding 2020). Annual gross margins are attractive at around 70% and this is driven by excellent and hard-to- secure relationships with key wholesale vendors in the industry.
This is a 100% turnkey business, with a four-month peak season and then a relatively leisurely eight months to possibly focus on other endeavors. The Asking Price of $285,000 includes tangible fixed assets currently valued at about $19,000 and inventory of $214,368. For qualified buyers, seller financing will be considered on a case-by-case basis, solely at the discretion of the seller.
Facilities:
2,625 square foot facility which includes the studio where work and product design are done and a warehouse for storage of all inventory.
There is also an additional 1,000 square foot offsite climate-controlled storage facility.
Real Estate Available: No
Real Estate Included: No
Detailed Information:
Lender Prequalified: No
SBA Prequalified: No
Is Going Concern: Yes
Market Competition: Opportunities to expand this business could include relocating the business to an affluent neighborhood in Denver and introducing a higher visibility studio and retail outlet. Pursuing additional commercial accounts could also be considered.
The seller believes there are no other businesses in the greater Denver area providing similar "Christmas Set Up" services although there may be a few interior designers who do this for one or two of their clients on an ad-hoc basis each year.
